Following the cryptocurrency bull market at the end of 2021, the year 2022 proved to be much more difficult for investors. Indeed, the bear market hit hard at the beginning of the year, and currently continues into 2023. Various currencies have lost value. Markets sought to weather the impact of collapsing major crypto companies. Let us remember, Luna and FTX, or the constant deterioration of the world economic situation.
Now on to the good news for the future. The bear market could end soon, before the next halving, namely the halving of bitcoin. This could lead to a bull market for cryptocurrencies by 2025. In anticipation of this next bull market, joining Metacade, the brand new blockchain gaming platform, could be a good idea.
What is Metacade?
Metacade is a new GameFi community. The goal of the project is to offer video game fans an extensive range of Play-to-Earn (P2E) titles from the metaverse. The platform will be a hub where players can meet like-minded enthusiasts and create a community where they can contribute while doing what they love.
The multi-level roadmap of the Metacade project, which you can consult on its white paper, aims to attract both the casual player who wants to spend a few hours with his friends and the passionate and expert player who wants to participate in online tournaments and become world champion. Crypto rewards are available to all members of the community as they complete missions, climb the leaderboards, and defeat opponents in head-to-head duels.
Metacade offers community members the opportunity to be rewarded in cryptocurrency through 3 earning systems. These are Create2Earn, Compete2Earn and Work2Earn. In each case, members interact with the Metacade community and are rewarded for each contribution they make to this hub.
How it works ?
The native MCADE token is the basis of the entire Metacade project. Revenue is generated through multiple systems from internal users and external sources. Community members can stake MCADE tokens through the Compete2Earn program to participate in online tournaments and regular contests. This is what makes it possible to finance the Metacade platform.
External funding sources are generated:
- By selling advertising space on the platform;
- Through the invoicing of games on Metacade to external game companies;
- In the first quarter of 2024, by the authorization given to Web3 companies to publish job offers on the Metacade job site. This will be done for a fee, as part of the Work2Earn program.
Finally, the last source of income that users can enjoy is generated by the Create2Earn, which rewards all users who create community content. Every interaction with the Metacade community is rewarded. Whether it’s writing game reviews, sharing alphas, helping other players with tips on how to progress in a game, or participating in the regular live discussions on the hub.
Metacade: at the forefront of GameFi innovation
The Metagrant program will launch in the third quarter of 2023. Game developers will receive funds to support the creation of new exclusive titles. They will have to submit their ideas for new games in a group and then present them to community members for voting. Those with the most votes will enter development with the help of Metagrant crypto funding, and the first titles will be available on Metacade in Q1 2024.
These projects offer the most talented developers the chance to gain real-world Web3 development experience to advance their careers, giving them a head start in taking advantage of the opportunities Metacade’s job site offers. GameFi companies benefit from this opportunity, while Metacade and its community enjoy exclusive access to some of the new GameFi titles.
Is it the right time to be interested in Metacade?
Bear markets are often viewed by long-term investors as a prime time to enter crypto markets. However, investing in new crypto projects can be riskier for investors during a bear market, as there is no guarantee that the platform will work or capture the imagination of crypto investors when the market outlook improves. . However, Metacade remains a prospect worth considering.
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